Starting in August, a collaborative customer identification initiative will be rolled out by Indian banks and insurers, featuring a system ...

State Bank of India plans to issue perpetual bonds soon. The bank aims to raise fifty billion rupees within two weeks. This issuance will b...

First Abu Dhabi Bank is offering up to $1.5 billion in financing to non-resident Indians investing in India's foreign-currency deposit sche...

The Trust announced administrative and religious reforms for better temple management. An investigation into donation counting irregulariti...

Punjab National Bank is setting its sights on breaking into the elite group of the world's top 100 lenders in the near future. With a signi...

The optimism follows RBI's disclosure that banks have collectively garnered $20.7 billion under its special incentive window, a pace that h...

Banks and financial institutions reported Rs 1.42 lakh crore in fraud over five years. Recovery of Rs 6,389 crore was made during this five...

Investment banks managing SBI Funds Management's IPO will receive minimal fees. These managers will split fees of ₹46.25 million, a fractio...

In a remarkable financial boost, India's central bank recorded significant foreign exchange inflows of $20.72 billion, primarily through a ...

The Ram Temple trust has deployed a new cash counting team following a donation embezzlement row. A two-shift system under State Bank of In...

Corporate lending at top Indian private banks surged significantly in the June quarter. This corporate loan growth far outpaced retail cred...

Analysts expect the rally to extend towards 24,500-24,750, with some seeing the potential for 25,000, although they believe the index must ...

The scheme allows customers to borrow up to 12 times their deposit amount and offers indicative effective annual returns of up to 16.2%, de...

State Bank of India mobilized nearly two billion dollars under a central bank incentive. This amount significantly surpasses other state-ow...

HSBC's GIFT City unit offers NRIs significant leverage on FCNR deposits. An NRI can borrow up to nineteen times their own funds for deposit...

SBI Funds Management's IPO saw strong subscription interest on its second day. The Qualified Institutional Buyer portion was subscribed 1.5...

The one-day disruption affected ATM uptime and cash availability across the four states, with intermittent service gaps reported as regular...